IBT Staff Reporter

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Explainer-A Guide To The Philippines Election

The Philippines holds an election on Monday to decide thousands of positions across the archipelago, including who will take over from Rodrigo Duterte and become its president for the next six years.

Dollar Bounces, Sterling Tumbles On Dovish BoE

The dollar rebounded on Thursday but held below 20-year highs reached last week, a day after the Federal Reserve affirmed that it would take aggressive steps to combat soaring inflation but played down the prospect of even larger rate hikes.

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